FEATURED
COVID 19 Articles
Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand
Gap announced Michael Francis as the new CEO of Old Navy, effective in November, as the struggling brand faces declining sales. Gap shares surged 12% on the leadership transition.
BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
BP announced plans to develop a major offshore gasfield in Venezuela alongside partners with ties to the Trump administration, marking one of the first large-scale foreign investments in the country since political changes earlier this year.
World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
Taiwan Semiconductor Manufacturing Co. reported record August revenue of $16.35 billion, up 53.3% year-over-year, driven by strong demand for AI chips.
Macy’s posts strong results, raises guidance as turnaround begins to take hold
Macy’s reported fiscal second quarter comparable sales growth of 2.7% and raised full-year guidance, with its Bloomingdale’s division jumping 11.3% as the retailer’s turnaround strategy gains momentum.
Trending COVID 19 News
FBI investigates claim by hackers they stole data on all agency staff
The FBI is investigating claims that cybercriminals stole sensitive data on approximately 38,000 agency personnel, including agents’ names, badge numbers, and personal details.
US rejects pleas from OpenAI, Anthropic for global AI standards
AI company leaders called for international safety standards at the UN, but the Trump administration rejected new global AI governance, prioritizing competitive advantage over regulation.
Meta debuts no-camera smart glasses and virtual reality spectacles
Meta unveiled new smart glasses including a camera-free audio model and advanced VR spectacles designed to address privacy concerns while expanding wearable capabilities.
Meta is making a standalone Muse AI gadget
Meta unveiled the Muse Charm, a standalone hardware device for its Muse AI agent, featuring a screen, fingerprint sensor, and microphones. The company plans to ship the device in December but has only built a few prototypes so far.
Gemini 4 is almost ready, says new Google DeepMind chief
Google DeepMind’s new chief says Gemini 4 is in refinement and targets a launch much earlier than year-end, as the company attempts to close the gap with rival AI developers.
Nick Clegg plays down fears ‘godlike’ AI could exterminate humanity
Nick Clegg dismisses concerns about AI developing godlike power to exterminate humanity, saying tech leaders should focus on concrete threats like cybersecurity instead of “apocalyptic” scenarios.
The furious dispute over what caused Air India flight 171 to crash
Air India Flight 171 crashed in Ahmedabad on 12 June last year, killing 249 of 259 people aboard. The crash investigation has sparked intense controversy over whether pilot error or technical failure caused the disaster.
Budget airline king Bill Franke warms to first-class seats and premium upgrades
Budget airline pioneer Bill Franke says Frontier Airlines will add first-class seats and premium amenities next year, marking a shift from the ultra-low-cost model that defined his career.
‘It’s awful’: How tariffs, soaring fuel costs and higher interest rates are squeezing American companies
American companies face a three-pronged economic squeeze from tariffs, surging fuel costs, and rising interest rates, forcing businesses to raise prices, hoard inventory, and in some cases, halt operations or file for bankruptcy.
Trump administration removes around 760,000 Obamacare enrollments, alleging fraud
The Trump administration canceled approximately 315,000 Affordable Care Act marketplace enrollments covering roughly 760,000 people, citing unauthorized sign-ups and fraud allegations that Vice President JD Vance described as pervasive in the system.
McDonald’s to take on KFC and rivals as Gen Z flock to fried chicken
McDonald’s plans to expand its fried chicken offerings to capture additional global market share by 2030, responding to rising beef costs and growing consumer preference for chicken among younger consumers.
Lidl banned from selling copycat Birkenstock sandals, Dutch court rules
A Dutch court has banned discount retailer Lidl from selling copycat Birkenstock sandals in the Netherlands, with daily fines of €5,000 for non-compliance.